Hong Leong Financial Group Berhad operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hong Leong Financial Group Berhad with three other
companies in this sector in Malaysia:
AMMB Holdings Berhad
(2018
sales of 7.56 billion Malaysian Ringgits [US$1.85 billion]
of which 44%
was Wholesale Banking),
Hong Leong Bank Berhad
(8.29 billion Malaysian Ringgits [US$2.03 billion]
of which 32%
was Personal Financial Services), and
Alliance Bank Malaysia Bhd
(2.77 billion Malaysian Ringgits [US$678.74 million]
of which 15%
was Consumer Banking).
Sales Analysis.
Hong Leong Financial Group Berhad reported sales of 9.02 billion Malaysian Ringgits (US$2.21 billion)
for the
fiscal
year ending
June of 2018.
This
represents
an
increase of 5.8%
versus 2017, when the company's sales were 8.53 billion Malaysian Ringgits.
Sales at Hong Leong Financial Group Berhad have increased during each of the previous five years
(and since 2013, sales have increased a total of 20%).
Sales of Other Operations saw an increase
that was more than double the company's growth rate: sales were up
58.2% in 2018, from
608.82 million Malaysian Ringgits to 962.87 million Malaysian Ringgits.
Not all segments of Hong Leong Financial Group Berhad experienced an increase in sales in 2018:
sales of Investment Banking fell 3.1% to 195.76 million Malaysian Ringgits.
(However, this segment's sales were only a very small portion of the company's overall sales).